ASSIGNMENT, MORTGAGING AND SUBLETTING. Subtenant shall not voluntarily assign or encumber its interest in this Sublease or in the Sublet Premises, or sublease all or any part of the Sublet Premises, or allow any other person or entity (except Subtenant’s authorized representatives) to occupy or use all or any part of the Sublet Premises, without first obtaining Sublandlord’s consent, which consent Sublandlord shall not unreasonably withhold, delay or condition. No consent to any assignment or sublease shall constitute a further waiver of the provisions of this Paragraph. Notwithstanding the foregoing, Subtenant shall have the right to assign this Sublease and/or sublet any part or all of the Sublet Premises, without the Sublandlord’s consent, to any corporation which is controlled directly or indirectly by Subtenant, or any entity (including The First American Corporation) which controls, directly or indirectly, Subtenant, or to any of Subtenant’s joint venture partner(s), partnership(s), or other affiliated entity(s), by merger, acquisition, stock purchase or otherwise or to a successor(s)-in-interest to any part or all of Subtenant’s business. Sublandlord shall respond to any Subtenant request to assign, sublease or encumber within ten (10) business days of written notice of Subtenant’s desire to enter into such assignment sublease or encumbrance. If Sublandlord elects to withhold its consent, Sublandlord shall specify in Sublandlord’s written notice to Subtenant the specific, reasonable grounds upon which Sublandlord desires to withhold such consent. If within such ten (10) business day period, Sublandlord fails to respond to Subtenant’s request or to notify Subtenant of the specific, reasonable grounds upon which it is withholding its consent, Sublandlord shall be deemed to have granted its consent to the proposed sublease, assignment or encumbrance. Subtenant shall be entitled to retain fifty (50%) percent of rent and other consideration payable in connection with any assignment or subletting provided Subtenant’s monetary obligations to Sublandlord under this Sublease continue to be satisfied.
ASSIGNMENT, MORTGAGING AND SUBLETTING. Tenant covenants and ---------- -------------------------------------- agrees that neither this Lease nor the term and estate hereby granted, nor any interest herein or therein, will be assigned, mortgaged, pledged, encumbered or otherwise transferred, and that neither the Premises, nor any part thereof will be encumbered in any manner by reason of any act or omission (when Tenant has a legal duty to act) on the part of Tenant, or occupied by anyone other than Tenant, or for any use or purpose other than as permitted under this Lease, or be sublet, without the prior written consent of Landlord in every case, which consent Landlord shall not unreasonably withhold, delay or condition. Not in limitation of the foregoing, Tenant's request for Landlord's consent to subletting or assignment shall be submitted in writing no later than ten business days in advance of the proposed effective date of such proposed assignment or sublease, which request shall be accompanied by the following information (such information shall be collectively referred to as the "REQUIRED INFORMATION"): (i) the name, current address and business of the proposed assignee or sublessee; (ii) the amount and location of the space within the Premises proposed to be so subleased; (iii) the proposed effective date and duration of the assignment or subletting; and (iv) the proposed rent and other consideration to be paid to Tenant by such assignee or sublessee. Tenant also shall promptly supply Landlord with financial statements and other information as Landlord may request, prepared in accordance with generally accepted accounting principles, not more than ninety (90) days old when delivered to Landlord, indicating the net worth, liquidity and credit worthiness of the proposed assignee or sublessee in order to evaluate the proposed assignment or sublease. Tenant agrees to reimburse Landlord for legal fees and any other reasonable expenses and costs, not to exceed $500 in any single instance, incurred by Landlord in connection with any proposed assignment or subletting. Landlord may grant its consent to any assignment or sublease subject to the condition that any assignee or subtenant shall promptly execute, acknowledge, and deliver to Landlord an agreement in form and substance satisfactory to Landlord, whereby any such assignee shall agree to be bound by, and any such subtenant shall agree that its sublease is subject and subordinate to, the covenants, agreements, terms, provisions and conditio...
ASSIGNMENT, MORTGAGING AND SUBLETTING. (a) Except as otherwise expressly provided in this Article, neither this Lease, nor the term and estate hereby granted, nor any part hereof or thereof, nor the interest of Tenant in any sublease or the rentals thereunder, shall be assigned, mortgaged, pledged, encumbered or otherwise transferred by Tenant, Tenant's legal representatives, subtenants, or successors in interest by operation of law or otherwise, and neither the Premises, nor any part thereof, shall be encumbered in any manner by reason of any act or omission on the part of Tenant or anyone claiming under or through Tenant, or shall be sublet or be used or occupied or permitted to be used or occupied, or utilized for desk space or for mailing privileges by anyone other than Tenant or for any purpose other than as permitted by this Lease, without the prior written consent of Landlord in each case. The transfer (or transfers in the aggregate) of a controlling interest in Tenant, by transfers of stock or general partnership interests, shall be deemed an assignment of this Lease. In the event that Tenant shall desire to assign this Lease or to sublease any portion of the Premises, then Tenant shall submit in writing to Landlord the name of the proposed assignee or subtenant, the nature and character of its business, the terms and conditions of the proposed assignment or subletting, information as to the financial responsibility of the proposed assignee or subtenant, and such other information as Landlord may require. In the event that Tenant desires to
ASSIGNMENT, MORTGAGING AND SUBLETTING. 23.1 Tenant covenants and agrees that neither this Lease nor the Term hereof, nor the estate hereby granted, nor any interest herein or therein, will be assigned, mortgaged, pledged, encumbered or otherwise transferred (whether voluntarily or by operation of law), and that neither the Premises, nor any part thereof, will be encumbered in any manner by reason of any act or omission of Tenant, or used or occupied, or permitted to be used or occupied, by anyone other than Tenant, its employees or entities controlled by, under common control with or controlling Tenant ("TENANT AFFILIATES"), or for any use or purpose other than as above stated, or be sublet, or offered or advertised for subletting, without in each case, Landlord's prior written consent, which consent shall not be unreasonably withheld or delayed. Without limiting the generality of the foregoing, Landlord shall not be deemed to have unreasonably withheld its consent to an assignment or subletting if Landlord's consent is withheld because:
(i) Tenant is then in default,
(ii) the portion of the Premises which Tenant proposes to sublet, including the means of access and egress thereto and the proposed use thereof, or the resulting Premises remaining, would violate any city, state, or Federal law, ordinance, or regulation, including, without limitation, any applicable building code or zoning ordinance;
(iii) the proposed use by the subtenant or assignee would not conform with the uses set forth in SECTION 2 hereof,
(iv) in the reasonable judgment of the Landlord, the proposed subtenant or assignee is of a character or is engaged in a business which would be deleterious to the reputation of the Building, the proposed subtenant or assignee is not financially responsible to perform its obligations under the sublease or assignment;
(v) the proposed subtenant or assignee is a governmental or quasi-governmental agency;
(vi) in the reasonable judgment of the Landlord, the intended use by the proposed subtenant or assignee would be incompatible with the mix of uses of the then existing tenants in the Building. Tenant agrees to reimburse Landlord promptly for reasonable legal and other expenses incurred by Landlord in connection with any request by Tenant for a consent to assignment or subletting. In connection with any request by Tenant for Landlord's consent to assignment or subletting, Tenant shall submit to Landlord in writing ("TENANT'S SUBLEASE NOTICE")
(i) the name of the proposed assignee or subtenan...
ASSIGNMENT, MORTGAGING AND SUBLETTING. 22 13 LICENSES AND TAXES 23 14 REPRESENTATIONS AND WARRANTIES 24
ASSIGNMENT, MORTGAGING AND SUBLETTING. 21 Article 19. Insurance.......................................................22
ASSIGNMENT, MORTGAGING AND SUBLETTING. 18.1 Tenant may not, without Landlord's prior written consent: (i) assign this Lease to any person or entity or (ii) sublet all or any portion of the Premises or (iii) encumber Tenant's interest in this Lease with a leasehold mortgage or otherwise, provided, however, that nothing herein shall interfere with or adversely affect Tenant's rights to grant easements or otherwise convey or transfer interests in the Premises to utility companies, railroads or governmental authorities which (a) do not detract from the value of the Premises or impair its use in the ordinary conduct of business or (b) in Tenant's reasonable judgment, enhance operational capabilities or otherwise benefit or add value in respect of the Premises.
18.2 [Intentionally Omitted] 18.3 [Intentionally Omitted]
ASSIGNMENT, MORTGAGING AND SUBLETTING. 7 Section 10.1 General Prohibition and Exceptions............... 7 Section 10.2 Consent.......................................... 7 Section 10.3 Continuation of Liability........................ 7 ARTICLE 11
ASSIGNMENT, MORTGAGING AND SUBLETTING. Assignment and Subletting
ASSIGNMENT, MORTGAGING AND SUBLETTING. 13 15.1 Covenant Against Subleases and Assignment. . . . . . . . . . . . . .13 15.2 Assignment of Equity Interest in Tenant. . . . . . . . . . . . . . .13 15.3
